In June of 1606, “James I, King of England, Scotland, France and
Ireland, Defender of the Faith, &c.,”
granted a charter to a group of London adventurers (read venture
capitalists here). The Charter authorized the new
“Virginia Company” to establish a satellite English
settlement in the Chesapeake region of North America. In
1607, the first successful and permanent English Colony in North
America was established on the James River and was called James
Fort. Today, it is known as Jamestown, Virginia.
Incidentally,
the later Plymouth Colony, now known as Plymouth,
Massachusetts, was established by the Pilgrims in 1620.
During the Civil War, and because of it, the western part of the Commonwealth of Virginia
became the new state of West Virginia.
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